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Krossmói 4a, 260 Reykjanesbær

Mon – Thu: 09 – 16 & Fri: 09 – 15

Kirkjubraut 40, 300 Akranes

Mon – Thu: 09 – 16 & Fri: 09 – 15

Austurvegur 56, 800 Selfoss

Mon – Thu: 09 – 13 & Fri: 09 – 12

Id.No: 571171-0239

Pension fund 800 /Private Pension Fund 801

Krossmói 4a, 260 Reykjanesbær

Mon – Thu: 09 – 16 & Fri: 09 – 15

Kirkjubraut 40, 300 Akranes

Mon – Thu: 09 – 16 & Fri: 09 – 15

Austurvegur 56, 800 Selfoss

Mon – Thu: 09 – 13 & Fri: 09 – 12

Id.No: 571171-0239

Pension fund 800 /Private Pension Fund 801

© 2024 Festa Pension Fund - All rights reserved

©2024 Festa Pension Fund

All rights reserved.

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  • Pension
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  • Private Pension
EmployersAbout the Fund
    • Private Pension Savings
      • Specified Private Pension
      Private pension

      Private pension

      Fund members of Festa pension fund can enter into an agreement for additional private pension savings. In addition, fund members can also allocate a quarter of the mandatory contribution to the specified private pension.

      With private pension savings, the employee contributes 2-4% of the salary every month and receives an additional 2% contribution (pay increase) from the employer.

      Specified private pension is a special type of private pension where a fund member can choose to allocate almost a quarter of the mandatory premium to a specified private pension. It is generally more suitable for those who are in the second half of their working life or who have earned sufficient entitlements to a lifelong retirement pension. The advantages of specified private pension are increased options for flexible retirement.

      Calculator
      Private pension

      Q&A

      • What is the difference between private pension savings and specified private pension?
      • How are assets of private savings managed?
      • Are private savings inheritable?
      • How do I apply for the withdrawal of private savings?
      • Key Information Document - Savings Path I

        PDF

        Key Information Document - Savings Path II

        PDF